New York Times: Q4 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — The New York Times Co. (NYT) on Wednesday reported net income of $123.7 million in its fourth quarter.

On a per-share basis, the New York-based company said it had net income of 75 cents. Earnings, adjusted for non-recurring costs, were 80 cents per share.

The newspaper publisher posted revenue of $726.6 million in the period.

For the year, the company reported profit of $293.8 million, or $1.77 per share. Revenue was reported as $2.59 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NYT at https://www.zacks.com/ap/NYT

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